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Technology Stocks : CRUS, good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Sjp who wrote (5808)5/9/1998 10:32:00 AM
From: Terrapin  Respond to of 8193
 
I just caught up on some of the posts on Yahoo! A lot of unsubstantiated rumors get started there and then the good posters have to take time to correct them. A lot of spam.

FWIW: I am pleased with the position we are in. After my initial skepticism I understand the loyalty of the other Teo followers. I feel more confident when my position is aligned with his instead of present management. Having said that, IMO we should not expect a fundamental change in this company for a while longer. These people think and act in terms of quarters not days. It takes months to get in and out of large positions and longer to duke it out with a hostile management. We may see large jumps on speculation and if you wish to trade on those then you may work it out but the Musicland turnaround was not a rapid thing (and hard to duplicate). The direction is good but we must continue to be patient.

Just my opinion,
John